Cryptocurrency derivatives are excellent financial instruments to invest in for a variety of reasons, whether the underlying cryptocurrency is bullish or bearish. Crypto options, in particular, act as an excellent hedge, providing opportunities for those looking to profit from volatility while balancing the volatile nature of cryptocurrencies.
The increasing demand for crypto derivatives has allowed leading cryptocurrency exchanges to continuously innovate to provide cutting-edge solutions to traders. Delta Exchange continues to make headlines in this area.
Launched in 2018, it is a cryptocurrency derivatives exchange that allows traders to trade cryptocurrencies with 100x leverage. Delta aims to be the #TradersFirst platform and has been the market leader in options trading over the years.
To treat its users, the Delta team has come up with a massive crypto referral program for both new and existing traders on the platform to invite even more traders to trade options. This referral program will also make the platform more attractive and beneficial for its users.
The Refer-a-Friend Rewards Program on Delta Exchange allows existing traders to earn up to $50,000 in Delta Cash rewards by referring new traders to Delta Exchange and encouraging them to trade options as well as participate in the options trading movement Will give Let’s know about the program.
How to Participate in the Refer-a-Friend Program on Delta Exchange?
Under the Refer-a-Friend program, any trader, current or new, can refer friends or new traders to trade options on the platform and receive a referral bonus. New traders can refer this program further to others and claim the reward. The program can be referred to new traders by any trader, whether they are futures, options or spot traders.
- Go to Referrals Dashboard
- copy referral link
- Share it with your friends or new traders
- Receive rewards when your friends join Delta Exchange with the referral link you share
What are the rewards?
A trader can earn up to $175 in Delta Cash for every referral he makes. The reward depends on the amount of options made by the specified trader on the exchange. This means that the reward per referral will increase as the volume of the option increases by March 31, 2022.
For example, if your friend trades options volume up to $500K, you will be eligible to win prizes on the total option volume they trade as of March 31, 2022. If your friend trades a total of $500k, $100k, and $1000k in options by March 31st, you will receive ($15 + $15 + $50) = $80 in Delta Cash as a reward under the Refer a Friend program. As per the table above, rewards will be added for each successive threshold crossing. The maximum reward for a single referral is $175 in Delta Cash, which can be used to pay trading fees on the Delta Exchange. The maximum revenue per user over a lifetime is limited to $50,000.
- Only new users who register after the offer’s launch date will be considered as valid referrals
- Effective option volume traded by the referred client = notional volume X option delta
- On the affiliate dashboard, you can track your delta cash income as well as the net effective amount of your friends
About Delta Exchange
Delta Exchange is a crypto derivatives exchange that promotes #TradersFirst momentum. Pankaj Balani, Jitendra Tokas and Saurabh Goyal co-founded Delta Exchange. They bring in experience from both the fintech and technology sectors. Delta Exchange has always been well ahead of the competition, offering innovative options trading products with up to 100x leverage in over 60 cryptocurrencies such as BTC, BNB, ETH, BCH, LTC, and others. The exchange has become the go-to exchange for traders interested in derivatives trading, with $20 billion in monthly trading volume.
If you are already a Delta Exchange derivatives trader, take advantage of this wonderful opportunity to participate in one of the largest referral reward programs. If not, join Delta Exchange and trade options using Delta Exchange’s highly intuitive and user-friendly interface.